world
Chip stocks pop after TSMC's earnings beat boosts confidence in industrywide demand
Shares of chipmakers AMD and Nvidia popped along with equipment makers like Applied Materials after TSMC reported better-than-expected results. Source link
Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless
Amazon invested $475 million into Saks’ acquisition of Neiman Marcus. It wants a federal judge to reject Saks’ bankruptcy plan because it harms creditors. Source link
Billionaire Rams owner Stan Kroenke becomes America's biggest private landowner
Kroenke represents a growing wave of ultra-wealthy entrepreneurs investing in long-held ranches and farmland. Source link
Fed's Goolsbee says inflation could come 'roaring back' if central bank independence goes away
“Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee told CNBC. Source link
Automakers like Ford and GM are jumping into a whole new business where Tesla is a serious player
Automakers Ford and GM are trying to figure out what to do with battery factories now that EV sales are falling way short of forecasts Source link
Five takeaways from crunch White House talks on Greenland’s future
Danish Foreign Minister Lars Lokke Rasmussen described the White House talks as “frank but constructive.” Source link
NATO nations deploy to Greenland after tense White House talks
The joint NATO exercise comes shortly after tense talks between officials representing the U.S., Denmark and Greenland. Source link
Amazon launches its 'sovereign' cloud in Europe and plots expansion
The Amazon Web Services (AWS) European Sovereign Cloud will be “physically and logically separate” from other AWS regions, the company said. Source link
Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
Concerns about a U.S. strike on Iran had been mounting after Trump vowed to take action against the regime’s crackdown on widespread protests in the country. Source link
Australia banned social media for under 16s a month ago — here's how it's going
The effects of a new social media ban for under 16s in Australia has been mixed so far. Some teens are embracing new habits while others are bypassing the law. Source link